New York: Microsoft (NASDAQ:MSFT) Stock Has Just Had Its “Overweight” Rating Reiterated by Barclays. Shares now Have a $120 Target

September 8, 2018 - By Richard Slagle

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Investors sentiment decreased to 0.74 in Q1 2018. Its down 0.03, from 0.77 in 2017Q4. It dived, as 49 investors sold Microsoft Corporation shares while 1035 reduced holdings. 142 funds opened positions while 665 raised stakes. 5.38 billion shares or 1.45% less from 5.46 billion shares in 2017Q4 were reported.

Salzman And has 30,260 shares. Hartwell J M Limited Partnership reported 423,689 shares. Westwood Mgmt Il stated it has 507,012 shares or 6.65% of all its holdings. Moreover, Bonness Enter has 3.61% invested in Microsoft Corporation (NASDAQ:MSFT). Burns J W And has 183,131 shares for 4.29% of their portfolio. Stephens Invest Ltd Llc has invested 0% in Microsoft Corporation (NASDAQ:MSFT). Liberty Mutual Grp Asset Mngmt has 0.86% invested in Microsoft Corporation (NASDAQ:MSFT) for 306,982 shares. Green Square Capital Ltd holds 0.22% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 15,032 shares. Schmidt P J Mgmt holds 124,605 shares. Fayerweather Charles has 12,059 shares for 1.75% of their portfolio. Viking Glob Investors Limited Partnership reported 10.33M shares. Sterling Cap Mngmt Ltd Liability holds 1.16% or 1.35M shares in its portfolio. Mycio Wealth Ptnrs Ltd Limited Liability Company reported 43,812 shares. Lucas Mngmt owns 3,600 shares. First Mercantile invested in 101,551 shares.

Since June 5, 2018, it had 1 insider purchase, and 1 sale for $459,274 activity. On Thursday, June 7 Capossela Christopher C sold $1.01M worth of Microsoft Corporation (NASDAQ:MSFT) or 10,000 shares.

Microsoft (NASDAQ:MSFT) Rating Reaffirmed

Equity research analysts at Barclays now has a $120 PT on Microsoft (NASDAQ:MSFT). Barclays and their recent PT indicates a potential upside of 10.90 % from the company’s last stock price. The rating has been revealed in an analyst note on 7 September.

Microsoft Corporation (NASDAQ:MSFT) Ratings Coverage

Among 25 analysts covering Microsoft Corp (NASDAQ:MSFT), 23 have Buy rating, 1 Sell and 1 Hold. Therefore 92% are positive. Microsoft Corp has $130 highest and $100 lowest target. $118.10’s average target is 9.14% above currents $108.21 stock price. Microsoft Corp had 41 analyst reports since March 16, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, June 13 by UBS. The rating was maintained by RBC Capital Markets on Friday, May 11 with “Buy”. On Tuesday, April 24 the stock rating was maintained by Credit Suisse with “Buy”. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by UBS on Friday, April 27. The firm earned “Overweight” rating on Friday, July 20 by Barclays Capital. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Strong Buy” rating given on Tuesday, July 17 by Raymond James. Argus Research maintained Microsoft Corporation (NASDAQ:MSFT) on Wednesday, June 6 with “Buy” rating. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Friday, April 27 by Oppenheimer. Citigroup maintained Microsoft Corporation (NASDAQ:MSFT) rating on Friday, July 20. Citigroup has “Neutral” rating and $113 target. Bank of America maintained the stock with “Buy” rating in Tuesday, July 17 report.

The stock decreased 0.49% or $0.53 during the last trading session, reaching $108.21. About 19.02M shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 41.28% since September 8, 2017 and is uptrending. It has outperformed by 28.71% the S&P500.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on October, 25. They expect $0.96 earnings per share, up 14.29 % or $0.12 from last year’s $0.84 per share. MSFT’s profit will be $7.36 billion for 28.18 P/E if the $0.96 EPS becomes a reality. After $1.13 actual earnings per share reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts -15.04 % negative EPS growth.

Microsoft Corporation develops, licenses, and supports software products, services, and devices worldwide. The company has market cap of $829.78 billion. The companyÂ’s Productivity and Business Processes segment offers Office 365 commercial services and products for businesses, including Office, Exchange, SharePoint, Skype for Business, and related Client Access Licenses ; Office 365 consumer services, such as Skype, Outlook.com, and OneDrive; Dynamics business solutions, such as financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and mid-size businesses, large organizations, and divisions of enterprises; and LinkedIn online professional network. It has a 50.8 P/E ratio. The Company’s Intelligent Cloud segment licenses server products and cloud services, such as Microsoft SQL Server, Windows Server, Visual Studio, System Center, and related CALs, as well as Azure, a cloud platform with computing, networking, storage, database, and management services; and enterprise services, such as Premier Support and Microsoft Consulting that assist in developing, deploying, and managing Microsoft server and desktop solutions, as well as provide training and certification to developers and IT professionals on Microsoft products.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Marketwatch.com which released: “Stock market logs weekly loss as Trump hints at more China tariffs” on September 07, 2018, also Nasdaq.com with their article: “The Appeal Behind the $1 Trillion Market Cap in Amazon Stock Is Trivial” published on September 06, 2018, Fool.com published: “Is Microsoft Corporation a Buy?” on September 03, 2018. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Nasdaq.com and their article: “Microsoft Corporation (MSFT) Ex-Dividend Date Scheduled for August 15, 2018” published on August 14, 2018 as well as Seekingalpha.com‘s news article titled: “Microsoft Corporation (MSFT) Management Presents at Citi Global Technology Conference (Transcript)” with publication date: September 06, 2018.

Microsoft Corporation (NASDAQ:MSFT) Institutional Positions Chart

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